Women-owned businesses are doubly vulnerable to economic downturns: they frequently lack access to finance and other support, meaning they have difficulty scaling or becoming secure. Yet women-owned businesses add diversity in supply chains, providing innovative goods and services and helping diversify supply chain risk. As economies recover from the coronavirus pandemic, and beyond, how can G7 governments and businesses together support women-owned businesses through the Women’s Empowerment Principles, unlock access to finance and enable them to gain a firm economic foothold and scale?
• How can communities, policymakers and corporates work together to ensure that women’s economic empowerment initiatives also help foster economic security for all?
• What is a key ask to the G7, during and post-Covid, to make inclusion for women-owned businesses a core part of the economy?
Jeanine Liburd, Chief Social Impact and Communications Officer, BET Networks
Yas Banifatemi, Partner and Co-Head of the International Arbitration practice at Shearman & Sterling
Charlotte Dennery, Chief Executive Officer de BNP Paribas Leasing Solutions
Arielle Gross Samuels, Head of Global Business Strategy and Engagement, Facebook
WOMEN4BUSINESS: Safeguarding an inclusive future for women-owned businesses